
San Francisco, CA 94107
This Luxury Condominium represents a Strong Value Opportunity, listed at $899,000—positioned well below the $940,180 Fair Market Value by 4%. This valuation gap offers $41,180 in Instant Equity for the buyer. Featuring a Good Condition Rating, this residence offers a modern layout with floor-to-ceiling windows, city views, and Bosch appliances. Located in the heart of South Beach, it provides a premium lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a transit-oriented, full-amenity urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 4th Street 731 Subject | $899,000* List Price | 2 | 2 | 1,150 | $818 | - |
A 965 Folsom Street 203 Sold | $875,000 | 2 | 2 | 1,135 | $771 | 0.4 mi |
B 260 Clara Street 2 Sold | $850,000 | 2 | 3 | 1,172 | $725 | 0.4 mi |
C 601 4th Street 225 Sold | $880,000 | 1 | 1 | 1,091 | $807 | 0.1 mi |
D 300 3rd Street 1411 Sold | $816,000 | 1 | 1 | 946 | $863 | 0.3 mi |
E 200 Townsend Street 28 Sold | $790,000 | 1 | 2 | 840 | $940 | 0.2 mi |
F 10 South Park Street 3 Sold | $985,000 | 1 | 2 | 1,048 | $940 | 0.3 mi |
G 655 5th Street 14 Sold | $815,000 | 1 | 2 | 995 | $819 | 0.2 mi |
H 695 5th Street 16 Sold | $845,000 | 1 | 2 | 1,009 | $837 | 0.3 mi |
I 250 King Street 544 Pending | $999,500 List Price | 2 | 2 | 1,112 | $899 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is approximately 20 years old (built c. 2006) and presents in well-maintained, move-in ready condition. The kitchen and bathrooms feature high-quality finishes including Bosch appliances and stone countertops that remain functional and stylish. Systems like the LG laundry and HVAC appear modern and well-kept, fitting the 10-20 year age bracket for a 'Good' rating.
Situated in the heart of South Beach, the property offers unparalleled connectivity with immediate access to the Central Subway, Caltrain, and major retailers like Whole Foods and Safeway.
The Palms provides a full-service lifestyle featuring a 24/7 front desk, a private movie theater, a fitness center, and a business center, all within an exceptionally maintained building.
The 1,150 sq. ft. interior is thoughtfully designed with floor-to-ceiling windows for natural light, a private balcony, and a dedicated office nook perfect for remote work.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1150, other record living area = 1052.
The monthly HOA fee of $869 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
The kitchen features electric Bosch appliances, which may be a drawback for culinary enthusiasts who prefer the precision and performance of gas cooking.
Welcome to this spacious and beautifully appointed 2-bedroom, 2-bathroom residence offering approximately 1,150 sq. ft. of living space at The Palms, a full-amenity luxury condominium in the heart of South Beach. Ideally positioned with a northwest-facing orientation, the home features floor-to-ceiling windows, abundant natural light, beautiful city views and views toward Twin Peaks, with gleaming wood flooring throughout. Upon entering, the inviting living room draws you toward the private balcony, creating a wonderful indoor-outdoor setting for enjoying the city views or relaxing at the end of the day. The living area flows seamlessly into the well-designed U-shaped kitchen, featuring Bosch electric appliances, including an oven, microwave and dishwasher. The generous countertop areas comfortably accommodate 2-3 barstools, providing the perfect spot for casual dining, entertaining guests or enjoying conversation while preparing meals. Both bedrooms are generously sized and conveniently positioned side by side, along with two full bathrooms and a separate office nook. The spacious primary suite is a true retreat, featuring spectacular city views through floor-to-ceiling windows, a large walk-in closet and a luxurious ensuite bathroom with two bathtubs. The secondary bathroom also includes a bathtub. Additional highlights include an LG stacked washer and dryer and one-car parking included. The Palms is a luxury mid-rise building with full amenities including a 24/7 front desk, package room, mail room, gym, business center, and a unique private movie theater and owner's lounge area for hosting watch parties or group dinners. The building is exceptionally maintained by the HOA's property management company. The South Beach location really can't be beat; the Central Subway line goes straight to Union Square and Chinatown in just five minutes, and you're within walking distance to the Fourth and King Caltrain station, Whole Foods, Safeway, Gus's Community Market, and Walgreens, not to mention all the parks, restaurants, entertainment, and nightlife in Yerba Buena.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,150 | 1,093.715 |
| Lot Size | 63,237 | 10,543.457 |
| Price | $899.0K | $1.21M |
| Price per sq ft | $782 | $1.1K |
| Built year | 0 | 1989 |
| HOA | $869 | $832 |
| Days on market | 31 | 69 |
Aug 9, 2026
$899,000
Initial Listing
Sep 1, 2009
$620,000
Public Record
Aug 22, 2006
$925,000
Public Record